My last update on this was overconfident in the downward trendline. I fess up to this shortsightedness. I did end up stopping out. However! What did I learn? This is most important. There is a 1:1 extension on the chart (as seen here) this is now a tricky setup. I have re-entered a short on the 41.5k range, looking to exit half the position when we retest the downward trendline. If we bounce off that, or we extend to 45k, I will start to consider a bullish thesis (but only short term).
I won't be bull until we break over 200 day MA. That's the deal.
Hope this was helpful! :)
I won't be bull until we break over 200 day MA. That's the deal.
Hope this was helpful! :)
News follows sentiment, sentiment doesn't follow news. Use TA and get ahead of the market.
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Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
News follows sentiment, sentiment doesn't follow news. Use TA and get ahead of the market.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.